Oregon · Senate Bill 764 · 2025 Regular Session

Allows an exclusion from a taxable estate for the value of the interest in a family-owned business.

SB 764 Sponsored by Todd Nash and Bobby Levy Died in committee

  1. Introduced Jan 13, 2025
  2. In committee Jan 17, 2025
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

The Act makes an interest in a family-owned business not taxed by the estate tax. (Flesch Readability Score: 61.8). Allows an exclusion from a taxable estate for the value of the interest in a family-owned business. Applies to estates of decedents who die on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Every action

4 steps, oldest first, as the legislature records them.

  1. SenateIntroduction and first reading. Referred to President's desk.
  2. CommitteeReferred to Finance and Revenue. · Senate Finance and Revenue
  3. CommitteePublic Hearing held. · Senate Finance and Revenue
  4. SenateIn committee upon adjournment.

Roll calls

No recorded votes on this bill yet.

Sponsors

The 2 members who introduced it.

From Oregon's official records (api.oregonlegislature.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.